Municipal assessment
A mass-appraisal record prepared for municipal taxation under Alberta's assessment framework and the municipality's effective dates.
Red Deer Commercial Property Owners
Commercial property valuation
in Red Deer.
Assessment, appraisal, brokerage market evidence and transaction price answer different questions. Start with the property, decision and effective date.
Local valuation framework
Reconcile the Red Deer income record before applying a market multiple.
Commercial review by Slav Loban · Sources reviewed August 27, 2026Red Deer publishes annual non-residential and multifamily assessment information requests. The non-residential forms distinguish base rent, parking, land lease and signage income from operating-cost recoveries, and collect operating expenses, net operating income and vacancy shortfall. These inputs help explain the municipal assessment record; they are not automatically the normalized income a buyer, lender or appraiser will adopt.
A Red Deer brokerage market review should rebuild the property economics from executed documents and actual collections, then test current buyer alternatives and physical utility. The owner's assessment return, accounting statements, offering figures and buyer underwriting can each use different classifications. Every bridge should be visible.
2026 official tax-rate record
Red Deer non-residential
property tax components.
The City's historical non-residential table states the three 2026 components used in this ordinary-property total.
Published ordinary non-residential total23.0778mills
$23,077.80 per $1,000,000 assessed value before the stated exclusions.
+6.51% from 2025 and +14.50% from 2024 at an unchanged assessed value. Neither figure is the actual bill change for a particular property.
The City's estimator says local improvements, the designated industrial property requisition and supplementary property taxes can apply in addition.Compare the official 2024–2026 series →Notice mailedValuation dateCondition dateAnnual deadline
January 8, 2026July 1, 2025December 31, 2025March 17, 2026Passed
The 2026 annual deadline has passed. Use the controlling date and fee on any amended or supplementary notice and reconcile the next non-residential information return to the owner record.
Four different records
Use each conclusion
for its actual purpose.
Commercially provides brokerage market strategy through appropriately licensed professionals. It does not provide appraisal, assessment-agent, tax or legal opinions.
Brokerage market review
A current, property-specific analysis supporting a contemplated sale, lease or acquisition strategy. It is not a formal appraisal.
Independent appraisal
A value opinion completed by a qualified appraiser for a defined client, intended use, interest, effective date, scope and reliance.
Asking and transaction price
An asking price is market positioning. A completed price is the result of a specific negotiation, terms, diligence, financing and closing.
Subject-property evidence
Build the record
before the range.
Rent and recovery schedule
Lease-level base rent, additional rent, parking, signage and other income tied to the governing documents and actual collection period.
Vacancy and bad debt
Physical vacancy, economic vacancy, free rent, arrears and non-recoverable debt separated rather than represented by one unsupported percentage.
Operating and capital costs
Taxes, insurance, utilities, repairs, management, administration and recurring versus capital items reconciled to invoices, contracts and property condition.
Property and market utility
Title, use, approvals, loading, parking, access, building systems, environmental evidence and current Red Deer sale or lease alternatives.
Reconciliation sequence
A supportable review
leaves an audit trail.
No online calculator, assessed value or citywide price average can replace the property-specific evidence and intended professional scope.
Rebuild annual income
Trace scheduled rent to billed and collected amounts, then separate recoveries, vacancy, incentives, arrears and one-time revenue for the period being analyzed.
Normalize expenses
Identify owner-paid and tenant-recoverable costs, deferred work, management assumptions and capital items so the chosen NOI definition is explicit.
Match evidence to asset type
An owner-user building, multi-tenant investment, development site and business-linked property require different buyers, approaches and comparable evidence.
State review limitations
Record missing leases, measurements, inspections, environmental work, tax questions and other diligence that could change market positioning or buyer confidence.
Property-type context
Different assets
require different evidence.
Multi-tenant investment
Suite-level tenancy, expiries, recoveries, arrears and leasing capital should be visible before applying a capitalization rate.
Owner-user industrial
Functional utility, loading, yard, power, access, condition and replacement alternatives may matter more than current contract income.
Commercial land
Access, servicing, current district, subdivision, environmental and approval readiness shape the residual decision and holding period.
For a transparent distribution of disclosed current asking prices, review the Red Deer commercial asking-price record. It is separate from this property-specific valuation framework.
For SaleIndustrial · Red Deer, Alberta
Industrial opportunity
7, 7621 Edgar Industrial Drive
$600,000Asking3,100 square feetBuilding
Listing brokerage: CIR Realty · Listing representative: Dena Arnold · Board/association: Red Deer (Central Alberta) · Updated: Apr 1, 2026
For SaleIndustrial · Red Deer, Alberta
Industrial opportunity
10 & 20, 8028 Edgar Industrial Crescent
$1,650,000Asking10,718 square feetBuilding
Listing brokerage: RE/MAX Commercial Properties · Listing representative: Cameron Tomalty · Board/association: Red Deer (Central Alberta) · Updated: Jul 14, 2026
For SaleIndustrial · Red Deer, Alberta
Industrial opportunity
4628 62 Street
$1,290,000Asking11,206 square feetBuilding
Listing brokerage: RE/MAX Commercial Properties · Listing representative: Jeremy Makila · Board/association: Red Deer (Central Alberta) · Updated: Jul 14, 2026
Primary sources
Inspect the current
official record.
Red Deer valuation source · reviewed 2026-08-27City of Red Deer: Property assessmentOpen source ↗Red Deer valuation source · reviewed 2026-08-27City of Red Deer: Assessment formsOpen source ↗Red Deer valuation source · reviewed 2026-08-27Alberta: Municipal property assessmentOpen source ↗
Editorial owner: Commercially Research & Editorial
Commercial review: Slav Loban, Commercial Real Estate Division Leader
Corrections: hello@commercially.ca
Editorial review and correction standard →Confidential Red Deer market review
Start with the
actual property.
Share the address, property type, occupancy, income profile, timing and intended decision. Commercially can discuss a brokerage sale or leasing strategy. Formal appraisal, assessment, tax and legal work remain with the appropriately qualified professional.
- Confidential initial conversation
- Property and evidence intake
- Current market-positioning discussion
- No public listing required